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Scoop: Facebook to buy Giphy for $400 million

Scoop: Facebook to buy Giphy for $400 million

Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources. The total deal value is around $400 million. Background: A source close to the situation says that the two companies first began talking prior to the pandemic, although that was more about a partnership than an acquisition....